Terex Corp (TEX) Stock AnalysisTEXTerex Corp

Terex Corporation is a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, customized vehicle solutions, mobile elevating work platforms (MEWPs), equipment for the electric utility industry, commercial and custom fire and ambulance vehicles, and recreational vehicles. The Company's segments include Environmental Solutions (ES), Material Processing (MP), Specialty Vehicles (SV) and Aerials. Its ES segment designs, manufactures, services and markets waste, recycling and utility equipment and solutions, including refuse collection bodies, hydraulic cart lifters, automated carry cans, compaction, balers, recycling equipment, digger derricks, insulated aerial devices, and cameras with integrated smart technology. Its MP segment designs, manufactures, services and markets materials processing and specialty equipment, including crushers, washing systems, screens, trommels, apron feeders, material handlers, and others. It operates in the Industrials sector (INDUSTRIAL TRUCKS, TRACTORS, TRAILORS & STACKERS industry).

Terex Corp (TEX) is currently priced at $50.67, which is significantly below the average analyst price target of $85, indicating potential upside. However, the stock has a low RSI of 21.895, suggesting it is oversold, but this could also indicate continued downward pressure. The forward P/E ratio is 9.81, which is attractive compared to the current P/E of 40.16, indicating that the stock may be undervalued relative to its future earnings potential. The main risk is the recent downgrade from JPMorgan, which lowered its price target to $58, reflecting concerns about mixed demand in key markets.

19 analysts cover TEX: 7 rate it Buy, 10 Hold and 2 Sell. The average price target is 62.70.